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2024 HR Tech M&A Activity: A Year of Resilience and Growth

Lighthouse

The HR technology market in 2024 was a story of resilience and growth amidst a rapidly changing global landscape. From groundbreaking mergers and acquisitions to the introduction of innovative solutions that redefine talent management, payroll, and employee experience, 2024 has proven to be a year of transformation.

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HR Tech Awards 2025 Winners Announced

Ben Eubanks

In our daily work with talent leaders and solution providers, we run into some incredible technology. These tools available to organizations right now can help them hire, develop, and retain their people, and the platforms and systems are amazing in their ability to support intelligent decisions, personalized actions, and more.

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Cloud reshaped HR from a paper-pushing function to a data-driven powerhouse critical to business success.

HR Brew

In the early 2000s, HR had predominantly relied on paper-based processes , outdated legacy systems, and manual data entry. Enterprise Resource Planning (ERP) systems, while by no means new by the early 2000s, reshaped how companies planned and organized all their enterprise systems, including human capital.

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M&A Friday! This Week’s HR Deals

Advos

Collective Health, a CA-based provider of a Workforce Health Management System, nabs $110 million in funding. Triplebyte has raised $10 million for its “background blind” tech recruiting platform. for First-Ever Workers’ Compensation Platform. Palm Beach Capital Announces Investment in Lyneer Staffing Solutions.

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Payroll’s big technology shift: From ‘printing checks’ to strategic force

HRExecutive

Last year, industry analyst Pete Tiliakos predicted payroll would experience a “ golden age ” in 2025. Once relegated to the back office as a purely administrative function, payroll is emerging as a strategic force within organizations, powered by new technologies and broader recognition of its critical importance.

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What Is The Average Employee Retention Rate by Industry? [2021 Update]

DailyPay

A new study conducted in 2021 from the Mercator Advisory Group, “ Modernizing Payroll Through Earned Wage Access ,” examined 10 industries and found that average tenure improved by as much as 73% for workers in nursing homes using DailyPay’s earned wage access solution. These notable improvements vary by industry.

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25 Best Applicant Tracking Systems

Peoplebox

Whether you’re a growing startup looking for simplicity, a recruitment agency in need of robust candidate management tools, or an enterprise requiring scalability, there’s a solution tailored to your needs. What should you look for in applicant tracking systems (ATS)?